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obama, the white house, congressional democrats, want to go over the fiscal cliff because they believe that it is more politically advantageous for them to do so. is that a sentiment you agree with or not? >> i believe that the president and the democrats see a political victory at the bottom of the fiscal cliff. i see financial problems for our country at the bottom of the fiscal cliff with unemployment over 9%, and another recession. i think -- i want to find a solution working with people on both sides of the aisle but when you have howard dean, the former chairman of the democratic national committee, you have patty murray, who ran the democratic senatorial committee encouraging going over the cliff i think it's irresponsible. i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are dem
not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently we're going down that route anyway. >> isn't that why president obama wants to raise the tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting enough revenue for all the spending we want. >> i would gut the tax code of all its special deductions and loopholes and whatnot and take the rate down to about 15%. i am a flat tax guy. wh
for just $7.99. >>> president obama an house speaker john boehner met face-to-face. now just 22 days away, we don't have much details on theirs conversation. >>> some gay couples living in washington state made history after midnight sunday becoming the first legal same-sex marriages in the state. the governor signed the voter approved referendum into law on wednesday. >>> some very sad news for fans of music super star jenni rivera. they have found the wreckage of the private jet believed to be carrying the popular mexican-american singer. there doesn't appear to be any survivors. the plane lost contact early sunday morning. those are your headlines this hour. cnn, the most trusted name in news. mpblt it's almost impossible to imagine what madonna badger has opinion through. she woke up to find her house engulfed in flames. she was unable to save her three young daughters and her parents. nearly a year she's learning to try to get on with her life. an extraordinary example of strength and courage. she joins me in a primetime exclusive. i don't even know where to start with you because i
reconsider the controversial measure. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought i
white house adviser to president obama. also, quoted multiple times in this particular article i was referencing, richard. thank you for joining me. in the article they quote you as saying i think the federalizes the issue much more quickly than the white house would have liked and may force them to take a position earlier than they would have liked. >> right. well, we remember back it was just last may when president obama said that he personally supported the right of americans, same-sex couples, to marry. that was a huge deal. first time a president had everyone done that. the president has been a real leader on gay rights. persons more things than any president before him but he's not said that the u.s. constitution guarantees that right to everyone and every state and because, of his background as a constitutional law scholar, where he stands on this and the justice department stands on this is now very important because the supreme court has said we're going to decide this. >> what about those who say the president now should just wait? is that an appropriate reaction or is
to get a deal passed by next friday, the last day congress is in session. president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. that said, an increasingly limber group of republicans are showing flekx 5eb89 on highe
when president obama and house speaker john boehner were in the same room together like they were last night at the white house holiday reception for congress members, they didn't even speak. the president was asked about that today. >> speaker boehner was here at the white house last night for a christmas party. the two of you didn't even speak. what's it going to take to get the two of you in a room to hash this out? >> well, speaker boehner and i speak frequently, and i think the issue right now -- >> when? when will the two of you sit down in a room? >> you know, i don't think that the issue right now has to do with sitting in a room. >> as i mentioned, the american people want the people they elected to sit down together, work it out. a new gallup poll shows 62% want government leaders to compromise on the fiscal cliff. just 25% said they should stick to their principles. so why is it that this congress and this white house can't seem to get together and compromise on a deal? it certainly isn't the first time republicans and democrats haven't seen eye-to-eye on an important issue
consequences will make any difference on the ground. they say the white house and president obama has warned the government not to attack civilians, yet civilians have been attacked. they have warned the syrian government not to use disproportionate force, yet clearly disproportionate force has been and is being used in this conflict 21 months on, 40,000-plus dead. now, in terms of what will happen next, it's hard to know on the ground here. the rebels are clearly making advances. the north of this country feels like an independent state. aside from attacking from the air, there are not any syrian troops in this area at all, but the rebels still don't have enough power to deliver a knockout blow. most of the fighting is focused on the two big cities, aleppo and damascus. but as of now, they haven't been able to take either one of them. david? >> richard engel, thank you very much. for more on this developing story, i want to go to "the atlantic's" jeffrey goldberg, also a columnist for bloomberg view, and helene cooper. welcome to both of you. jeffrey, you covered this region extensively and
point the leadership ip the senate and the house will sign onto expending president obama's eidea to take over. >> he will set the tone for whatever the issue will be. i'm not sure i would use a retre retreat. >> would a resection about extending the tax cuts. >> i can't answer that question. when did we stop talking about who those people paying the taxes would be. many of those almost one miggion are small business people and not create more jobs hurting economic growth and i think that is what you have to focus on when you talk about race iing w. >> i understand the point. in these negotiations the pras seems to have the or the rich t cuts. >> we haven't tualked enough about what it will mean to the economy. we have to care about who gets hit by it. we have to begin thinking about it. >> not an ees asy thing to do. we called it decoupling. again, i don't peak for anybody but myself. my point is we need to remind people that there are three things the small business person and where is the spending cut? >> one last one, the gop will be claimed if all of the tax carts experbecaus
, straight ahead. >>> house republicans give president obama a counteroffer on a deal to avoid the fiscal cliff. will it be a compromise the president can agree with? >> flames shoot more than 70 feet in the air as a gas explosion destroys homes in one community. what went wrong? that story, coming up. >>> guests include elijah cummings, charlie crist and marsha blackburn. "starting point" begins right now. >> hi, everybody. holiday shoppers scrambling for cover at a crowded mall after a gunman opened fire. 10,000 people inside the clackamas town center mall when a man wearing a mask suddenly started firing. chaos erupted. when it was over, three people dead, including the shooter himself. a young woman left wounded, fighting for her life right now. >> the mall is supposed to be a place we can all take our families, feel comfortable that this is a great place, especially at the holiday season like this. and these things aren't supposed to happen. >> i want to begin with dan simon live in portland. we know that the police have identified the shooter, but is there any indication of a motive
're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised a
, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. i think that's what's key. >> be sure to tune in tomorrow for the fiscal cliff coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much better. they're still 35% chance it will not happen. it's not exactly confidence building. >> not necessarily confidence building. alway
, everybody, we're live in america's news headquarters, i'm jamie colby. president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get the debt under control. taxes will not control our debt. >> both sides of the issue. i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle over collective bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of union
corker, of tennessee. gentlemen, house speaker boehner said on friday that another week has been wasteded. senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different theories coming forth on how to deal with this and again, chris, it is a unique moment in history, where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solvency and we have a situation where the minority party is trying to leverage the president into doing something that is great for our nation and it is a very unique time and i hope the president soon will see the light. >> chris: senator schumer, three weeks left. what is t
with the speaker of the house on that? >> unfortunately, wolf, the policies of president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise as far as taxes are concerned? >> how we go about tax reform, there's a lot of room to work together to lower the rates. >> give me an example? >> i'm not sure where the democrats are because they have not offered a plan. >> their pl
should republicans in the white house have exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it done by christmas just for efficiency's sake and not to scare the horses. that's the thought i have. i may be conservative about this. >> y
-- but only if you act right w. call the number on your screen now! stuart: new at 10:00, house speaker john boehner will speak at any moment. his first public remarks since president obama drew a line in the sand insisting on raising tax rates on the rich. no deal without that. we hear from mr. boehner short lil' -- shortly. when he starts to speak, you will hear it live. also new at 10:00, an 8 minute cartoon video from a teacher's union in california that shows among other things a rich man urinating on the poor and the middle class. this is what the class warfare rhetoric has evolved into the formerly golden state. yep, believe me, we will have more on that later this hour with california resident mike reagan. >>> to the big board, we're right at 13,000, a gain of 51 points in the early going this wednesday morning. here's our company, charles payne is here. sandra smith is back. and nicole petallides on the floor of the new york stock exchange. and mark stein, conservative columnist supreme, author and christmas carol singer joins us as well. welcome to the program. president obama says
years from 65 to 67. that's also super unpopular. but the white house is open to it. they are open to it in 2011 in the boehner lsh obama talks. what's weird is it's always presented as the height of fiscal responsibility even though it's fiscally irresponsible. which brings us to the challenge. why raising the age does not save you very much money and is probably a bad policy idea in under two minutes. do we have the clock. let's do it. the argument for cutting 65 and 67-year-olds out of a deficit talk is simple. it saves money. the keizer family foundation estimates that when it's all said and done, the government could save $5.7 billion. but those 65 and 66-year-olds don't disappear. they are still going to be here and get sick sometimes which means the savings we'd see by kicking them off they pop back up elsewhere in the economy. it's not pure savings, it's a cost shift. you're going to see increased costs for seniors who will have to find another health insurer since it uses power to pay less by quite a bit. the seniors turning to private insurance will have to pay more from
colmes and a lot of people who the white house left out of that meeting and in terms of who they put up and put out. media put out the story without doing their homework. >> there was a column by george will, bewitched by obama, even jonathan swift who said that promises and pie crusts are made to be broken and marvelled at the limited shelf life of a barack obama's promise of balanced debt reduction plan. is there any media pressure on the white house? >> there's no media pressure on the white house to explain any of this. in watching this and talking about the pr and how the press is covering the pr especially out of the white house democrats. and the republicans don't have a coherent messenger, what i find fascinating is that the press doesn't cover why obama is doing what he's doing and gets to your point, john. there's an assumption that the president doesn't want to go over the fiscal cliff like the republicans don't. and i think that's the wrong assumption. i think the president does want to go over the fiscal cliff and yet, there's no coverage of that whatsoever. bob woodward ac
with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their intent. i think their tax reform intent is quite sound. but the way t
in this country has the right to rule. has the right to make decisions. obama won the election. we won seats in the house. the american people want action and it is undemocratic. it is un-american when a small minority can deny the majority from going forward. >> and senator, the fiscal situation they are dealing with in washington, it doesn't look like we have made a lot of progress. what are your thoughts on that? >> well, it shouldn't just be the speaker and the president. it should be the voice of the american people. it should be the senate and should be the house. on these issues, ed, the election mattered. and poll after poll tells us the same thing. not a lot of debate but that's what the american people want. >> that's not getting through to speaker boehner. >> and that's why the president and the democrats have to stand tall. the democrats must not snatch defeat out of the jaws of victory. we have the american people on our side. we won the election. poll after poll tells us. the american people understand that the wealthiest people are doing phenomenally well. their tax rates are
secretary panetta. this goes up to the white house. it somewhat calls into question the warnings and the sanctions that the obama administration has already put out there on north rolina. it calls into question how effective they have been. a u.s. official said they had planned to go to the united nations, which met today, to try to get strong wording on condemning this launch. even the threat of additional sanctions on north korea, it really remains to be seen, you know, how much more you could sanction the country, which is already very isolated, especially if you don't have the fullba backing of a country lik china or russia. >> chris, thank you. appreciate it. >>> we learned today there's an american citizen detained in north korea for more than a month now. he's identified as tour operator kenneth bay. south korean papers say bay was detained after crossing into the country with a small group of tourists. one of the tourists reportedly had sensitive information on a computer hard drive, so a u.s. official tells cnn they do not believe that bay is being mistreated by the nort
rhetoric from house speaker john boehner and president obama. when are they going to get serious? cheryl: look at live pictures of the original backmobile. we will have the designer and a man who will auction this baby off. dennis: look at today's s&p winners and losers. there is no mass-produced human. every human being is unique. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing being. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allowyou to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collectio individualize your sleep experience. exclusively at one of our 400 sleep number stores nationwide. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30
are now a party of two, the president and the speaker. the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and
to the throne after dad. >>> president obama and his family celebrated the annual christmas tree lighting near the white house tonight. the president said the first lady told him to make his remarks brief because she wanted to hear music. ♪ you better watch out ♪ you better not shout i'm telling you why ♪ ♪ santa claus is coming to town ♪ ♪ he's making a list and he's checking it twice ♪ ♪ he's going to find out who is naughty or nice ♪ >> they were celebrates in d.c. just hours from now the november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs and their doors are open while others fail. tom forman went looking for answers in new york. >> amid the bustle of broadway, against the bad economy and the crushing competition at the strand the show goes on. it started more than 80 years ago. this independent bookstore has beaten the odds surviving the great depression, world war ii
turn to the next big ticket on obama's agenda -- immigration reform. starting in january the l.a. times reports the white house will begin an all-out drive for an immigration bill that will include a path to citizenship for the 11.1 million illegal immigrants currently in the country. the bill would also seek stronger border security measures, penalties for employers who hire illegal immigrants and would make it easier to bring in skilled foreign workers under special visas. in the interests of basic self-preservation, many republicans are also clambering for reform following their drubbing in the recent election when mitt's self-deportation policy lost the latino vote by a whopping 44 points. quote "there is a growing sense that this is an opportunity that should be taken, said ed jill esspi, a former republican national can i chairman. "there's no instinct like a survival instinct." for those thinking immigration reform will be a bipartisan community effort, think again. while many top republicans see a drastic need for change, many rank-and-file lawmakers remain skeptical. skeptical,
is what we know now. just a short while ago house speaker boehner said he's still waiting on a solid plan from president obama. >> i'm hopeful we can reach an agreement. this is a serious issue. there's a lot at stake. the person people sent us here to work together towards the best possible solution, and that means cutting spending. the president doesn't agree with our approach, he's got an obligation to put forward a plan that can pass both chambers of the congress. >> meanwhile despite all of the back and forth, the market is seemingly optimistic today. at least some form of a deal will be released. we've been up 100 points on the dow industrials for the past hour. senator mark warner of virginia perhaps putting it best saying compared to the size of our economy the current proposals are relatively small and government should step up and get a deal done. >> we're joined by representative lee terry, republican from nebraska represents the district home to a guy we all know, warren buffett. >> pretty famous guy. >> we spoke to some folks already today. we're not hearing many details. wha
, that is tonight on nbc's rock center. 10:00 p.m. on your local nbc station. >>> meantime, house speaker boehner and president obama speaking on the phone last night about the fiscal cliff. there still seems to be a freeze in the negotiation. >> there's nothing going on privately that's not going on the publicly. >> they've got to come with some specific revenue. they have refused to do that. >> we need that consensual break through. >> although the president seems obsessed on raising taxes for you. >> that is a bad strategy for america, it's a bad strategy for your businesses and it is not a game that i will play. >> is the administration prepared too go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the wealthiest 2%. remember it's only 2%. >> with just 25 days to go, the political satandoff could cost the u.s. millions of jobs. professor, good to have you back, good morning. >> good to be here, thanks. >> good read in the journal yesterday from you and if anybody needed to worry about this more, you invoke carter, you
to break rank, saying he could support president obama's tax proposal. coburn joins a growing chorus of republicans from outside the house of representatives, urging house leadership to clear the way for a broad deal that would include tax increases on the wealthy. however, as we mentioned, according to "the new york times," speaker boehner is enjoying broad support from within his own caucus. and yesterday boehner stuck to his guns, favoring closing tax loopholes and capping deductions. to raising taxes. >> now, the revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >> so could we just agree right now, everybody around the table, that both sides are talking about tax increases for the rich? >> i think so. >> it's just a difference between do you get tax increases for the rich? do you get the revenue by raising the top rate or by closing loopholes? i mean, that is
are agreeing to that settlement. so, you have to go get someone to check your house out and make sure the insurance companies are being honest. >>eric: let me sum this up, you met with president obama days after the hurricane sandy. here we are, it has been several weeks after the meeting and you don't feel anything has happened? you don't feel your life is, you are being taken care of or thought about great fema, from schumer, 9 state, from the federal government including obama, is that right? >>guest: absolutely not. not only me but my neighbors feel the same. we are the forgotten borough, we are the forgotten people. we are the middle class people and we are the working class people that have paid our taxes and we are not getting anything in run. it is always fema, deny this. you have to reapply. it is a joke. a joke. you are the president of the united states, you got that pen, you bailed out the banks, bail out the american people that don't have homes for the holidays. the president is going away. he is going to hawaii for christmas for 20 something days, where am i going to be
obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking committee, said his party should consider the president's position on raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate's in the democrats' hands. a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement
. that's part of what's going on here is the lack of trust. but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried to walk that back. as soon as that conservation happens, that will unlock everything. >> schieffer: can speaker boehner deliver the votes in his caucus if in fact he makes a deal? >> i don't think he that's say it. high doesn't have to say it out loud. s that's thing. he needs to signal it in some way and then you'll have a two-stage process. they'll do the fiscal cliff stuff and tax reform by august 1 of next year. >> but the speaker so far has not had a rebellion underneath him. he has said things that continue to move in this directi
years in office to say it. here's candidate obama back in 2007. >> understand this. if american workers are being denied their right to organize and collectively bargain when i'm in the white house i'll put on a comfortable pair of shoes myself. i'll walk on that picket line with you as president of the united states. >> why did the president pick now to so voluntary valley insert himself in this issue? let's put it splu the spthrough cycle. i think it's about politics. like wisconsin, which he completely ignored. again, for political reasons. so, the way i sigh it is right now he's focusing on the fiscal cliff. he will have to give in on entitlement issues and up to him to focus on how to make the left happy and do something with labor. a natural constituency. it will come after him if he doesn't do something about it. i think right now good politics on the issue. >> yeah, no. i tend to agree with that. he just has to show up. he wasn't as in the speech today as sort as explicit as i was led to believe this morning and the white house made it clear where he stands on this. i'm fascinat
it off the table. >> now later this morning, president obama will be speaking and taking questions at the business round table meeting, a white house official saying that the president will make the case that middle-class americans need certainty that their taxes will not go up at the end of the year. he will also make the case that this fiscal cliff will have a negative impact on the overall economy and he will push these business leaders to support his approach. soledad? >> dan lothian, in washington, d.c., for us, thank you. >>> just a few minutes we'll be chatting with stephanie cutter, the woman who helped manage president obama's re-election campaign. we'll talk more about the fiscal cliff. >>> first a look at other stories that are making news today. zoraida has that for us. >> good morning to you. the death toll in the philippines is rising this morning. typhoon bopha moving toward beach resorts in the northern part of the country and right now it is packing winds over 90 miles an hour. that storm has already caused massive flooding and landslides in the southern philippine
to be something to do with 10:00 a.m., right? >> for sure. for sure. in addition to that, the white house team is reporting that it is apparent the gop may not dig in over the fiscal cliff and we may delay the fight. president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight? >> i have been
. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. outfront tonight, the magic number after a whole week of harsh words here in washington and threats to, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said. a lot of things are possible. that may not sound like much where you're from, but here in washin
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